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fxAug 12, 2026, 2:08 PM

British Pound Edges Higher Against US Dollar as Sentiment Improves

Scotiabank strategists say sterling is posting fractional gains versus the US dollar and outperforming G10 peers as sentiment turns more supportive.

GBPUSD

Scotiabank strategists Shaun Osborne and Eric Theoret note that the British pound is posting fractional gains against the US dollar and outperforming its G10 peers. The move is being supported by improving sentiment, according to their market commentary.

The report highlights a firmer tone for GBP/USD without citing specific price levels or targets.

Source: FXStreet Forex News